The outage of Saudi Arabia’s Petroline oil pipeline pushed Brent crude 3% higher to $109 a barrel and West Texas Intermediate to $102.80, while stocks, gold and bitcoin declined. Drones crossing from Iraqi airspace struck pumping stations earlier this week, disrupting a route that carries around four million barrels daily and served as Riyadh’s mandatory bypass during the U.S.-Israeli war. Bitcoin fell 0.8% to $76,611 at 7:50 p.m. EDT on Sunday and was down 4.1% over seven days, while the total crypto economy declined by a percentage point to $2.62 trillion. CME’s FedWatch tool showed an 86.2% probability of a Wednesday rate hike into a 3.75% to 4.00% target range. The pipeline’s repair timeline is central to the inflation outlook: a rapid fix could ease the oil-market shock, while a six-week repair could exhaust inventories in less than a week.